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Robinhood Chain\'s Ethereum bridge volume exceeded US$70 million in the first week

2026-07-10 15:32:24
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According to Token Terminal data, on Robinhood\'s newly launched Layer-2 blockchain, the amount of Ethereum bridged exceeded US$70 million in the first week.

Robinhood Chain performed well in the first week

Robinhood Chain is an EVM-compatible Arbitrum Layer-2 network that uses ETH as a native Gas token and was officially launched on July 1. The company describes it as \"native to AI and built specifically for real-world assets.\" \"If adoption rates continue to grow, the chain could become an important new source of ETH demand,\" Token Terminal said on Thursday.

Robinhood has provided tokenized stocks to customers in more than 120 countries in response to the growing demand for tokenized U.S. stocks. According to RWA.xyz, Ethereum and its Layer-2 extension network have been a popular choice for tokenized real-world assets, with a market share of more than 50%, and Robinhood\'s move may further consolidate this position.

Converting liquidity into economic activity

Token Terminal said in a separate post on the X platform: \"Robinhood Chain is rapidly converting liquidity into economic activity.\" Data shows that Robinhood Chain\'s daily active users reached 194,000, and daily revenue increased to US$39,000, equivalent to annualized revenue of US$14 million, all of which occurred in the first week after the chain was launched.

Decentralized financial data platform DefiLlama showed similar data. Robinhood Chain has a total locked value of 46,748 ETH, which is approximately US$83 million based on current market prices. On Thursday alone, inflows reached 31,855 ETH, or approximately US$55 million.

Uniswap founder Hayden Adams said on Friday that most transactions occurring on Robinhood Chain are denominated in ETH. He added: \"ETH is the basic pair of transactions, the asset with the highest volume, and the Gas token that pays for block space. At the same time, it burns ETH on Layer 1 to pay for data storage.\"

Industry experts: Structural positive ETH

Andri Fauzan Adziima, head of research at Bitrue Research Institute, told Cointelegraph that the trend is \"strongly bullish\" and that early trading volumes \"verify the flywheel effect of Layer-2\" and constitute \"a meaningful source of new demand.\" \"By using ETH as a native Gas token on this high-speed Arbitrum Layer-2 network, every transaction I track creates immediate, sustained demand, while locking in capital and introducing Robinhood\'s huge user base,\" he said.

Tim Sun, senior researcher at the HashKey Group, said this is \"a clear structural positive\" for ETH. \"The most immediate benefit for Ethereum is Robinhood Chain\'s use of ETH as a Gas,\" he said.\"As bridged assets, wallet addresses and on-chain transactions grow, new demand for ETH will arise.\"

\"However, the deeper significance lies not only in how much Gas is consumed, but in Robinhood\'s choice to build its own on-chain financial ecosystem within the Ethereum network. This further consolidates the position of the Ethereum main network as the final settlement layer and liquidity foundation for tokenized assets.\"

Bulls believe that the logic for Ethereum\'s long-term growth comes from RWA tokenization, autonomous AI payments, institutional adoption, and network upgrades (such as the Glamcester upgrade expected by the end of 2026), which are expected to boost Layer 1 capacity. [TAG ETH prices edged up to $1,775 on Friday but remain at multi-year bear lows, down 64% from their August 2025 highs.

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